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1 in 3 First-Time Buyers Have Student Loan Debt

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Real Estate Agent with PHP Houses SL3302417
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Buying a home when you have student loans is possible.

Data shows 32% of first-time buyers have student debt. And the typical amount is $30,000.

So, if you’ve been holding off on buying your first home because you thought you had to pay off those loans first.

Or, because you assumed it just wasn’t possible for you to buy, it’s time to talk to a lender.

 

Contact us:
PHP Houses
142 W Lakeview Ave
Unit 1030
Lake Mary, FL 32746
Ph: (407) 641-1531
Fax: (407) 205-1951
email: info@phphouses.com

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The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The author does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. The author will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

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Adam Feinberg
Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse Advisor

When I graduated from NYU, I had a ton of student debt- including not being able to receive my diploma until I paid off the remaining balance at the bursars office. It took about 3 years post graduation before I actually received my diploma simply because NYU is so expensive. I didn't want the oppressive debt following me forever, so I made it a priority to get that debt paid ASAP. I paid the bulk of the debt off in my first 4 years after graduation- though it wasn't 100% paid off until 10 years post graduation- not too long after I closed on my first home. I was able to buy my home with some student debt still under my name- but I am probably not the post child for your post since I had less than a year's worth of payments remaining when I closed.  

Nov 04, 2025 07:37 AM
Walter DiLoreto

Hi Adam, what an interesting story. Thank you for sharing it with us here. Have a great day

Nov 05, 2025 07:54 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Walter and great tips in your blog to share with us on this Tuesday in the Rain.  Hope you are having a great week so far.

Nov 04, 2025 09:32 AM
Ellie McIntire
Ellicott City Clarksville Howard County Maryland Real Estate - Ellicott City, MD
Luxury service in Central Maryland

Such a great reminder that student loans don’t have to hold you back from becoming a homeowner! 🏡 It’s all about finding the right guidance and support — the dream is definitely still within reach! ✨

Nov 04, 2025 01:43 PM
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